HILLESTAD LANDBRUKSDRIFT AS

3089 HOLMESTRAND

Finances

Share Ownership

Return on Equity

23,17 %

Current Ratio

2,25

Debt-to-Equity Ratio

1,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 934 000	10 602 000	8 772 000	6 373 000
Net Income	761 000	1 237 000	239 000	802 000
Total Assets	10 460 000	5 172 000	3 570 000	2 440 000
Total Equity	3 284 000	2 523 000	1 285 000	1 046 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 934 000	10 602 000	8 772 000	6 373 000
Expenditure	11 867 000	9 042 000	8 483 000	5 443 000
Operating Profit	1 066 000	1 560 000	289 000	929 000
Financial Income	0	21 000	21 000	25 000
Financial Costs	90 000	1 000	9 000	6 000
Financial Balance	−90 000	20 000	12 000	19 000
Earnings Before Tax	976 000	1 580 000	301 000	948 000
Tax	215 000	343 000	62 000	146 000
Net Income	761 000	1 237 000	239 000	802 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 251 000	755 000	428 000	381 000
Total Current Assets	6 209 000	4 416 000	3 142 000	2 059 000
Total Assets	10 460 000	5 172 000	3 570 000	2 440 000
Total Retained Equity	2 834 000	2 073 000	835 000	596 000
Total Equity	3 284 000	2 523 000	1 285 000	1 046 000
Total Long-Term Debt	4 415 000	257 000	162 000	156 000
Total Current Debt	2 761 000	2 392 000	2 122 000	1 238 000
Total Equity and Debt	10 460 000	5 172 000	3 570 000	2 440 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 470 000	9 744 000	8 412 000	6 065 000
Other Income	1 464 000	858 000	360 000	307 000
Revenue	12 934 000	10 602 000	8 772 000	6 373 000
Cost of Goods Sold	8 833 000	7 399 000	6 193 000	4 374 000
Salary Costs	11 000	0	11 000	8 000
Depreciation	250 000	113 000	95 000	76 000
Impairment	0	0	0	0
Expenditure	11 867 000	9 042 000	8 483 000	5 443 000
Operating Profit	1 066 000	1 560 000	289 000	929 000
Financial Income	0	21 000	21 000	25 000
Financial Costs	90 000	1 000	9 000	6 000
Financial Balance	−90 000	20 000	12 000	19 000
Dividends	0	0	0	0
Net Income	761 000	1 237 000	239 000	802 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	492 000	0	0	0
Machinery and Plant Facilities	3 515 000	394 000	304 000	193 000
Fixtures	0	22 000	39 000	56 000
Total Tangible Assets	4 007 000	416 000	344 000	249 000
Total Fiancial Fixed Assets	244 000	340 000	84 000	132 000
Total Fixed Assets	4 251 000	755 000	428 000	381 000
Stock	588 000	14 000	14 000	14 000
Total Investments	0	0	0	0
Cash, Bank	3 720 000	2 189 000	156 000	495 000
Total Current Assets	6 209 000	4 416 000	3 142 000	2 059 000
Total Assets	10 460 000	5 172 000	3 570 000	2 440 000
Total Equity	3 284 000	2 523 000	1 285 000	1 046 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 415 000	257 000	162 000	156 000
Creditors	1 650 000	1 606 000	1 780 000	517 000
Unpaid Taxes	195 000	240 000	2 000	0
Dividends	0	0	0	0
Other Current Debt	352 000	283 000	284 000	584 000
Total Current Debt	2 761 000	2 392 000	2 122 000	1 238 000
Total Equity and Debt	10 460 000	5 172 000	3 570 000	2 440 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,17 %	49,03 %	18,6 %	76,67 %
Debt-to-Equity Ratio	1,34	0,1	0,13	0,15
Operating Profit Margin	8,24 %	14,71 %	3,29 %	14,58 %
Current Ratio	2,25	1,85	1,48	1,66
Quick Ratio	2,86	1,86	1,49	1,68
Equity Ratio	0,31	0,49	0,36	0,43
Gross Profit Margin	31,71 %	30,21 %	29,4 %	31,37 %